GNMA:
GNMA (Government National Mortgage Association) is a U. S.
government corporation that guarantees the payment of principle and
interest on certain mortgage loans.

The Government National Mortgage Association (GNMA) is also called
Ginnie Mae.

GNMA buys home mortgages from financial institutions and sells them to
investors as mortgage backed securities.

GNMA securities are the only mortgage backed security that are
guaranteed by the full faith and credit of the U. S. Government.


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What is GNMA?
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